Large-size display panel shipments increase 3.4% in June, TrendForce

TrendForce reports Global shipments of large-size display panels reached 71.78 million in June 2014, up 3.4% on month. Further findings by TrendForce includes: TV panel shipments reached 20.95 million, up 0.6% on month, while LCD monitor panels slipped 1.4% to 13.48 million largely as increased demand for TV products pushed down demand for monitors. Notebook panel shipments meanwhile reached 16.29 million, down 3% on month, and tablet panel shipments reached 21.05 million, up 16.2% on month. WitsView Senior Research Manager, Jeffy Chen, said TV panel demand in particular remained steady during the month, and increasing panel prices have led vendors to restock inventories with various sizes. Moving into July 2014, large-size panel shipments are expected to drop 6-8% as various China-based vendors slow down procurement. This will lead to a 3-4% decline in overall TV panel shipments while LCD monitor panel shipments will witness an 8-9% decline. As smartphone demand rises, notebook panel shipments meanwhile will decline 10% in July and tablet panel shipments will see an on-month decline of 7%. WitsView also said that Ultra HD (4K) TV panel shipments were on par with its predictions during the second quarter of the year, reaching 4.47 million for a total of 6.27 million in the first half of 2014. The penetration rate for Ultra HD TVs witnessed an increase from 3....